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European Playgrounds for the New Generation of Ultra-Wealthy Individuals

Europe's most luxurious destinations are attracting a new breed of ultra-wealthy people who are pushing prices through the roof

March 6, 2012

London has by far the biggest concentration of ultra-wealthy people in Europe, according to a report by high-net-worth research firm Wealth-X—though about 60% of sales go to non-U.K. citizens. There are 5,955 ultra-wealthy individuals in London. This compares to 2,850 ultra-wealthy people in Paris and 1,775 in Zurich. Ultra-high-net-worth individuals can be defined as those with over $30 million in investable assets.

Cote d'Azur

This stretch of Mediterranean coastline in southern France is home to some of the most expensive...